China slashes US commodities purchases as trade war intensifies

Quick Summary:

Among the worst affected were purchases of LNG and wheat, which both fell to zero in March.

The US accounted for 17 per cent of China’s wheat imports in 2024, and 5 per cent of its LNG.

BEIJING – China sharply reduced imports of many US commodities in March – in some cases, to zero – as the trade war between the world’s two biggest economies intensified.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Fell Wheat Cent Imports China’s Chinese Purchases Affected March Tonnes Liquefied

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 15:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 28095049

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